Quote from: 0xSlayers on Today at 05:10:34 PM

Quote from: Skydrill on Today at 09:54:50 AM

Quote from: AnonBitCoiner on March 07, 2024, 05:44:11 PM

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

It's actually not about when to buy or when to sell it about why you buy it. If your main goal to make money only I suggest you avoid BTC now. buy if your main goal is to secure your fund then you are welcome.

When i first brought Bitcoin i didn't think about investment instead I was thinking "After all the hard work, I finally own a piece of Bitcoin." From the very beginning when i start earning I was thinking of a way to secure my fund that will not be control by third party. And thats how i come to know about bitcoin. Now maximum people buy btc for gaining profit some win, some lose But those who truly understand Bitcoin neither win nor lose, they simply achieve freedom.

Insted of buy and hold btc for 2 or 5 year I suggest people buy btc for financial freedom.

Your words have nothing to do with reality. In real life, such a mind-boggling imagination does not work. Bitcoin is decentralized and there is no third party interference. This is the feature of Bitcoin. Due to which the popularity of Bitcoin has increased, but these are not the purpose of Bitcoin. All those who invest in Bitcoin invest for profit. You bought Bitcoin to protect your wealth. If you wanted, you could have bought gold and kept it safe, and no one would have interfered there. Everyone else could have done this, who wants freedom of their own wealth like you. But why do they invest in Bitcoin? Because if you invest in Bitcoin properly for a long time, you will get more profit than any other type of investment. We can see this from past statistics.

Bitcoin is a means of security for a person and his family in the future. If anyone follow DCA and invest regularly with discretionary income, and can continue to invest. If that time lasts more than 4 to 10 years, then his deposited Bitcoins will become a very big asset in the future. So Bitcoin does not just give freedom. Bitcoin gives people security for their future.
If you look at the information below, you can see that Bitcoin is much more profitable than any other type of investment. Where once the whole world depended on gold, even today many people convert their wealth into gold. Those who have held Bitcoin for a long time have given many times more profit than gold.

https://curvo.eu/backtest/en/compare-indexes/bitcoin-vs-gold-bullion?currency=eur